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President Obama Cites Decades Of Mistakes Behind Recession

Posted: 06/17/2009 - President Barack Obama is offering a broad-scale overhaul of the financial system, saying hard times struck largely because a post-Depression era business regulatory scheme couldn't keep up with an increasingly global economy.

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Top Senator: NSA Not Violating Surveillance Law

Posted: 06/17/2009 - The head of the Senate Intelligence Committee says there have not been flagrant violations of rules governing surveillance of American e-mails and phone calls.

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Democrats' Health-Care Bill Faces First Test In Senate Committee

Posted: 06/17/2009 - Cost estimates for President Barack Obama's plan to overhaul the system are coming in at more than $1 trillion. The eye-popping figures are forcing majority Democrats to scale back their plans to subsidize coverage for the uninsured.

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Romer, Boehner, Debate New Financial Regulations

Posted: 06/17/2009 - White House adviser Christina Romer says President Barack Obama's proposal to overhaul the financial regulatory system in this country must be accepted because "the status quo is not an option."

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State Department Asks Twitter To Stay Online During Iran Crisis

Posted: 06/17/2009 - U.S. officials say the State Department asked Twitter to postpone a scheduled maintenance shutdown of its service this week to keep information flowing from inside Iran as the crisis over its disputed presidential election grew.

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Bernanke Says Community Firms Must Stay Viable

Posted: 06/17/2009 - In prepared remarks to a financial literacy conference, Bernanke says: "Economic recovery, like economic development, is a bottom-up as well as a top-down process."

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Officials To Warn Congress Of Beetle Threat

Posted: 06/16/2009 - Officials from Rocky Mountain states are urging Congress to help them avert a potential catastrophe this summer as they grapple with millions of acres of beetle-ravaged pines that are prone to fire.

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Administration Rejects Auto Supplier Aid Request

Posted: 06/16/2009 - The Obama administration has turned down a request by auto suppliers for an additional $8 billion to $10 billion in aid to help them deal with the bankruptcies of General Motors and Chrysler.

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Sotomayor Defends Membership In Women's Club

Posted: 06/16/2009 - Supreme Court nominee Sonia Sotomayor (SOHN'-yuh soh-toh-my-YOR') says an elite all-women's club she belongs to doesn't discriminate unfairly by gender.

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Lugar: American Arms-Length Stance On Iran Proper

Posted: 06/16/2009 - The top Republican on the Senate Foreign Relations Committee says it would be unwise for the United States to get any more involved than it is in the disputed Iranian election.

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Sebelius: Health Care For All Will Take Years

Posted: 06/16/2009 - HHS Secretary Kathleen Sebelius says covering the uninsured will take several years, even if Congress passes a bill and President Barack Obama signs it into law this fall.

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GOP Hits President Obama’s Health Plan

Posted: 06/15/2009 - Foes of President Barack Obama's health care reform plans are again voicing their concerns, even as he dismisses them as "naysayers."

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U.S. 'Deeply Troubled' By Events In Iran

Posted: 06/15/2009 - The State Department says the U.S. is deeply troubled by reports of violence and arrests in Iran following the disputed outcome of its presidential election.

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Thornburgh Ends Bid For Kansas Governor

Posted: 06/15/2009 - Secretary of State Ron Thornburgh is ending his bid to be the next Kansas governor 14 months before the Republican primary.

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